Reminds me how some of my classmates in secondary school got money from their parents for not smoking, yet these kids were super happy about it because "MORE MONEY TO SPEND ON SMOKES, YOU GUYS. AWESOME SET-UP!". 

This sounds like such a crap thing to do, though. Where is all this money coming from? Have they raised tuition/other school fees in order to run this program? Why not just focus on good sex ed instead? That should cure any sane 12-18 year old from wanting kids. I HOPE.
Then again I don't have any siblings, so I don't know what it's like trying to follow up a sister's stupid mistakes
Perhaps I'd need money to encourage me not to do the same thing..... though I highly doubt it <,<

Sex ed at my high school consisted of (entirely, no joke): Don't have sex before marriage, because it's a special
sacred bond between two people (with not so subtle religious undertones). Instead of telling people the actual statistics and facts about various forms of birth control, they basically tried to claim that women will 99% of the time DIE if they use any form birth control available to them, that condoms have a 99% failure rate, etc. It was hilarious. Unfortunately, I think some people believed that.
There wasn't any of "but if you have sex, ever, do this". They tried to beat the idea of sex outside of marriage out of our heads, and made it sound like there was no reason to use any contraceptives thereafter. It still baffles me as to why that was considered reasonable at all.